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CLEVELAND – Lawyers representing NCUA are putting the finishing touches on a restitution agreement with local financier A. Eddy Zai in the big fraud at St. Paul Croatian FCU that would pay the agency $21.3 million, the biggest restitution deal ever for the credit union regulator.
December 12 -
MANCHESTER, N.H. – St. Mary’s Bank, the nation’s oldest credit union, said this morning it signed a multi-year contract with TSYS to process its consumer credit card portfolio.
December 12 -
WASHINGTON – The Senate last night approved the bill to eliminate one of the dual fee disclosure requirements at ATMs, a measure aimed at eliminating so-called ATM vigilantes who file civil suits over the absence of on-machine disclosures.
December 11 -
HOUSTON – A man convicted Monday of robbing the in-store branch of First Community CU in September is believed to be responsible for as many as five armed robberies at grocery store credit union and banks in the area.
December 11 -
BOSTON – New Bedford CU has applied to state regulators to expand its field of membership to cover almost 1.5 million resident in the state’s Barnstable, Bristol and Plymouth counties, and the towns of Little Compton and Tiverton in nearby Rhode Island.
December 11 -
WAYNESBORO, Va. -- DuPont Community CU has signed with Online Resources Corp. to implement the company’s ArchitectBanking solution and bill payment services.
December 11 -
MECHANICSBURG, Penn. – AmeriChoice FCU said it has been accepted as a member of the Federal Home Loan Bank of Pittsburgh, the bank’s 27th credit union member.
December 11 -
LEXINGTON, Ky. – University of Kentucky FCU has deployed Platinum Data Solutions’ AOS appraisal ordering system and RealView appraisal quality verification technology.
December 11 -
CHERRYVILLE, N.C. – Carolina FCU is the fifth credit union to join the North Carolina Consumers Council, a nonprofit organization promoting consumer education, awareness and protection that will expand membership eligibility for the credit union.
December 11 -
MADISON, Wis. – The Filene Research Institute is launching a pilot program with 50 credit unions to offer a social business program aimed at employees, instead of members.
December 11 -
NEW YORK -- A U.S. appeals court this morning refused to hear an expedited appeal of the preliminary approval of a $7.2 billion settlement between Visa, MasterCard and merchants over credit card fees.
December 11 -
UPPER MARLBORO, Md. – NASA FCU announced this morning it is now dispensing Visa gift cards through the ATM at select branches in Maryland, Virginia and Washington D.C., in time for holiday season.
December 11 -
FAIRBORN, Ohio – Wright-Patt CU announced this morning it will install 19 video tellers from NCR beginning in February.
December 11 -
PORTLAND, Me. -- A woman who drove the getaway vehicle for a series of bank robberies around the state earlier this year, including three at area credit unions, was sentenced Monday to serve 50 months in prison.
December 10 -
BILLINGS, Mont. – Montana Health FCU has hired Dennis Wizeman, the director of indirect lending for Helena Community CU the past 12 years, as president and CEO of the $20 million credit union.
December 10 -
INDEPENDENCE, Mo. – Central Communications CU, has signed with Sharetec to deploy the company’s mobile banking solution.
December 10 -
LITTLETON, Colo. – Colorado CU has applied to state regulators to add more than 800,000 residents in two surrounding counties, Douglas and Jefferson, to its field of membership.
December 10 -
MANSFIELD, Texas – Texas trust CU opened its tenth branch here yesterday, its second new branch of the year.
December 10 -
DENVER – Bellco CU opened its newest metro Denver branch yesterday in Sloan’s Lake and is opening an additional branch next Monday in Englewood.
December 10 -
PEMBROKE PINES, Fla. – Tropical Financial CU said it doubled its expected “Black Friday” loans, aimed at helping credit-challenged members get money to buy holiday presents
December 10